Embracer Group sells Borderlands creator Gearbox to Take Two for 460 million

Embracer Groups is divesting itself of Gearbox for 460 million dollars, according to an official Embracer Group press release. Gearbox - creator of Borderlands, Risk of Rain, and more video game IPs - will be aquired by Take Two and paid entirely with newly created Take Two shares. When it comes to exactly what Embracer is selling, this includes Gearbox Software, Gearbox Montréal, Gearbox Studio Quebec and well as various IP like Borderlands, Homeworld, Risk of Rain, Brothers in Arms and Duke N...